After Parliament’s rejection of the Withdrawal Agreement, the UK’s focus has been on how to exit the Backstop. But other changes are also needed to ensure that the UK is treated fairly under the proposed Treaty. This is especially the case for State aid policy after Brexit – say two distinguished lawyers, Barnabas Reynolds and James Webber.
The Withdrawal Agreement would give the EU de facto control over UK State aid. That could have far more serious implications for the UK economy and fiscal policy than seems commonly understood. It would mean that during the transition the UK could not prepare for a possible no deal by using State aid without Commission approval. And, under the Northern Ireland Backstop, the EU would retain permanent control over UK State aid for goods and most likely for far more than that.
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